16 N 1st Ave - Retail FOR SALE


Arcadia, CA 91006
$2,500,000 USD
310-592-8269
16 N 1st Ave, Arcadia, CA for Sale
$2,500,000 USD
Retail - FOR SALE
1/17
null | 5.34% Cap Rate

16 N 1st Ave
Arcadia, CA 91006


HIGHLIGHTS

  • Desirable Downtown Arcadia location
  • Mixed-use: ground floor retail + 1 bed / 1 bath apartment upstairs
  • Central Business District zoning allows for higher density development and a variety of commercial uses
  • Located close to several large multifamily + mixed-use development projects
  • Retail units extensively renovated

OVERVIEW

The offering presents a rare opportunity to acquire a mixed-use property in the highly desirable Downtown Arcadia corridor. The asset features renovated ground-floor retail space with a one-bedroom, one-bath apartment above, combining income diversity and long-term stability. Strategically positioned within Arcadia’s Central Business District (CBD), the property benefits from flexible zoning that supports higher-density development and a wide range of commercial uses, providing strong upside potential for both investors and owner-users. Surrounded by several new multifamily and mixed-use developments, the property is ideally situated in one of Arcadia’s most active growth areas. Recent retail renovations enhance curb appeal and tenant retention, while secured gated parking, alley access, and a combination of garage and surface spaces offer superior functionality for tenants and visitors alike. Located just minutes from The Shops at Santa Anita, the property enjoys proximity to major retail, dining, and entertainment amenities. The strong local demographics, with a median household income exceeding $100,000, further underscore the area’s economic strength and desirability. For qualified owner-users, SBA financing up to 90% is available, offering an exceptional opportunity to own a turn-key asset in one of the San Gabriel Valley’s most sought-after commercial districts.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$459 USD /SF

CAP RATE

5.34%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Renovated Mixed-Use Downtown Arcadia

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

ARC2H*

APN/PARCEL ID

5773-010-004

ASK ABOUT THIS PROPERTY

Darin SpillmanKidder MathewsMore Info
310-592-8269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Darin SpillmanKidder MathewsMore Info
310-592-8269

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.